MOTEL WITH REDEVELOPMENT POTENTIAL

Next Steps:

The opportunity to acquire a profitable motel in the much sort after Gold Coast beach side suburb of Mermaid Beach. Occupying 870m2 of prime redevelopment land (current Zoned Medium Density with a building height of 15m.)Located 285 m to the beach and less than 100m to the trendy village hub of Nobbys Beach where hip cafs and some of the best restaurants on the coast (including Hellinka) create an urban vibe that is so attractive to locals and tourist alike.

Features include:Great cash flow with an enviable lifestyleProposed light rail extension routeManagers residence 2 bedrooms with private PoolDevelop now or Land bankMinutes to Pacific Fair, Jupiter's casino and Burleigh Heads

Opportunities like this rarely present in such an prime locations and we urge your enquiry.

Building:

435m²

Land:

870m² / 0.21 acres

Next Steps:

This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.